Head-To-Head Review: First Majestic Silver (NYSE:AG) versus Athena Gold (OTCMKTS:AHNR)

First Majestic Silver (NYSE:AG) and Athena Gold (OTCMKTS:AHNR) are both basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, profitability, valuation, analyst recommendations, institutional ownership, earnings and risk.

Earnings and Valuation

This table compares First Majestic Silver and Athena Gold’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
First Majestic Silver	$573.80 million	3.56	-$135.11 million	($0.48)	-14.81
Athena Gold	N/A	N/A	$610,000.00	N/A	N/A

Athena Gold has lower revenue, but higher earnings than First Majestic Silver.

Analyst Recommendations

This is a breakdown of current recommendations for First Majestic Silver and Athena Gold, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
First Majestic Silver	0	1	1	0	2.50
Athena Gold	0	0	0	0	N/A

First Majestic Silver currently has a consensus price target of $15.75, suggesting a potential upside of 121.52%. Given First Majestic Silver’s higher probable upside, research analysts plainly believe First Majestic Silver is more favorable than Athena Gold.

Institutional & Insider Ownership

27.2% of First Majestic Silver shares are owned by institutional investors. Comparatively, 35.9% of Athena Gold shares are owned by institutional investors. 0.9% of First Majestic Silver shares are owned by company insiders. Comparatively, 11.5% of Athena Gold shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares First Majestic Silver and Athena Gold’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
First Majestic Silver	-23.55%	-1.85%	-1.26%
Athena Gold	N/A	10.99%	9.49%

Risk and Volatility

First Majestic Silver has a beta of 1.39, indicating that its share price is 39% more volatile than the S&P 500. Comparatively, Athena Gold has a beta of -0.09, indicating that its share price is 109% less volatile than the S&P 500.

Summary

Athena Gold beats First Majestic Silver on 6 of the 10 factors compared between the two stocks.

About First Majestic Silver

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México. The company was formerly known as First Majestic Resource Corp. and changed its name to First Majestic Silver Corp. in November 2006. First Majestic Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada.

About Athena Gold

Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. Athena Gold Corporation was formerly known as Athena Silver Corporation and changed its name to Athena Gold Corporation in January 2021. The company was incorporated in 2003 and is based in Vacaville, California.